After the IPO: Facebook to Detail Earnings

(Ping! Zine Web Tech Magazine) – A big wave of change will hit top social network provider Facebook on Thursday when the company unveils its first monumental revelation as a publicly-run company.

According to a report from the Wall Street Journal, the company will detail its latest earnings report. Facebook entered the IPO market in May, bringing in 375 million traded shares within the first three hours.

Several factors could come into play for which way the company’s revenue stream  goes. The same report cited issues including questions over website advertising, how to earn money via its mobile platform, and concerns that the social network’s sales growth may be dwindling. There are also signs the company could bring in a revenue base of $1.1 billion, as indicated by polling from Thomas Reuters in the Wall Street Journal report.

While still dominating the online landscape, a recent report from Rory Maher of Capstone Investments signaled use of the social site had decreased in the United States by 1.7% in a half year’s time, according to Computer World.

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